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Goose Industries does not currently pay a dividend. You expect the company to begin paying a $10 dividend 10 years from now and you expect
Goose Industries does not currently pay a dividend. You expect the company to begin paying a $10 dividend 10 years from now and you expect dividends to grow perpetually at 9% thereafter. Goose has a beta of 1.8. The expected return on the market is 10% and the riskless rate is 5%. How much is the stock currently worth?
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